FBR Issue 1 - 2021

FBR SPECIAL REPORT
Survey
Date
Initial
Investment
Cash
Requirement
Total
Units
FOOD (CONTINUED)
Wingstop
Quick-service
Aug.
2020
$376,300 –
$724,000
$600,000 1,427
* Pizza Factory — more on p. 26
Fast Casual
Oct.
2020
$308,000 –
$552,000
$75,000 102
Donatos Pizza
Quick-service
Sep.
2020
$386,500 –
$698,900
$200,000 162
Pizza Ranch
Fast casual
Sep.
2019
$768,000 –
$3,458,000
$400,000 215
Fazoli’s Restaurants
Fast casual
The Wendy’s Company
Quick-service
* Checkers & Rally’s
Quick-service
BIGGBY COFFEE — more on p. 2
Beverages
Oct.
2020
June
2019
Sep.
2020
Oct.
2020
$1,098,000 –
$1,739,818
$300,000 –
$3,000,000
$254,000 –
$1,431,000
$189,550 –
$378,600
$250,000 212
$2,000,000 6,564
$250,000 882
$0 243
“I appreciate Pizza
Factory’s integrity,
honesty and effort
to make us a better
company.”
Walk-On’s Bistreaux and Bar
Louisiana themed sports grills
Sep.
2019
$1,214,000 –
$4,033,700
$90,000 42
– Pizza Factory franchisee
* Chicken Salad Chick — more on p. 22
Fast casual
Sep.
2020
$562,000 –
$740,000
$200,000 180
Captain D’s
Fast casual
Aug.
2019
$1,005,600 –
$1,223,600
$350,000 529
LaRosa’s Pizzeria
Fast casual
Teriyaki Madness
Fast casual
Qdoba
Quick-service
Lennys Grill & Subs
Quick-service
Cousins Subs
Hot/cold subs
Simple Simon’s Pizza
Fast casual
June
2019
Nov.
2020
March
2020
July
2019
Aug.
2020
Sep.
2019
$800,000 –
$1,000,000
$322,755 –
$862,435
$475,000 –
$1,095,000
$192,844 –
$431,326
$197,200 –
$648,000
$142,000 –
$536,000
$500,000 65
$100,000 –
$200,000
$350,000 –
$1,000,000
78
713
$75,000 95
$100,000 –
$500,000
98
$20,000 190
“I love the PJ’s franchisee
community! We come
together to help and
support and advise.
We are a strong team
and fun competitors.”
– PJ’s Coffee franchisee
Capriotti’s Sandwich Shop
Quick-service
Aug.
2020
$380,000 –
$660,413
$150,000 –
$300,000
104
Bruster’s Real Ice Cream
Frozen treats
Sep.
2019
$230,000 –
$1,300,000
$100,000 186
Wings Etc.
Fast casual
Oct.
2019
$292,847 –
$1,733,707
$200,000 –
$500,000
74
* The Haagen-Dazs Shoppe Company
Ice cream/Yogurt/Frozen treats
— more on
p. 23
July
2019
$164,518 –
$542,408
$80,000 –
$200,000
217
* PJ’s Coffee
Quick-service
Oct.
2020
$198,000 –
$578,000
$100,000 –
$250,000
114
* East Coast Wings + Grill
Casual dining
Oct.
2019
$434,268 –
$982,275
$250,000 36
* Happy & Healthy Products
Ice cream/Yogurt/Frozen treats
Mach
2020
$53,206 –
$92,936
$0 30
Taziki’s Mediterranean Cafe
Fast casual
Sep.
2019
$468,000 –
$831,000
$500,000 92
For more information on the companies in this report, visit www.FranchiseBusinessReview.com | 13